How many years will it take for an invested amount of money to double its value when invested at 11.16% compounded continuously, in years?
How many years will it take for an invested amount of money to double its value when invested at 11.16% compounded continuously, in years?
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 4PT: An investment account was opened with aninitial deposit of 9,600 and earns 7.4 interest,compounded...
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How many years will it take for an invested amount of money to double its value when invested at 11.16% compounded continuously, in years?
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